Leaders say proposed Cedar Rapids casino would bring $80 million to Iowa

Cedar Rapids Mayor Tiffany O’Donnell took questions from reporters at the site of the proposed Cedar Crossing Casino and Entertainment Center on Cedar Rapids’ northwest side announced Sept. 16, 2024. (Photo by Robin Opsahl/Iowa Capital Dispatch)

CEDAR RAPIDS — As businesses, organizations and city officials announced new details about the proposed $275 million casino in northwest Cedar Rapids, leaders said a new study shows the casino would bring $80.2 million in new revenue to Iowa.

At a press conference in Cedar Rapids Monday, the company Peninsula Pacific Entertainment (P2E) and the Linn County Gaming Association showcased plans for Cedar Crossing Casino and Entertainment Center. The building is planned for a piece of land that was impacted by floods and has been undeveloped since 2017, when the restaurant and hotel Cooper’s Mill was demolished.

Local leaders touted plans for opening several restaurants, hosting an 1,500-capacity entertainment venue alongside a STEM lab and arts and cultural center within the facility alongside gambling areas.

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